Chapter 131 Share swap?

"Look at this fish I caught. Isn't it big?"

"This is a black sea bass. It tastes good. It looks like it will be a good addition to your dinner tonight."

Jenny said with a smile as she looked at Chris's excited expression.

In their Long Island estate, there is a small dock where they can sail their yacht directly out to sea.

John Smith's family's yacht is a medium-sized yacht and is very spacious, so this afternoon, they took Barron and his two companions out to sea to go fishing.

In comparison, the climate here in Long Island is much milder than in London, but in November, it is impossible to wear a swimsuit...

Generally speaking, fishing is also a sport that is very popular among aristocrats - sea fishing is also known as sea golf. In Britain, sea fishing has a history of hundreds of years. It is listed as one of the four major aristocratic sports along with golf, equestrianism and tennis and is very popular.

Of course this is understandable, because no matter what era, a ship that can sail out to the near sea is very expensive, and it is difficult for ordinary people to maintain such a hobby.

People like those on the boat now all have experience in sea fishing - even Barron, who has been "busy making a living" since coming to this time and space and does not have much leisure time like many nobles, but in his previous life, he also participated in sea fishing several times.

However, the one with the most proficient sea fishing technique here is John Smith. It is said that his biggest hobby is sea fishing - Jenny Butt has some complaints about this. In the waters near Long Island, he knows exactly where there are the most fish schools and in which areas various fish are mostly distributed.

"What's wrong, honey? You look a little unwell?"

"It's okay. I don't know if it's because of seasickness, but I feel a little dizzy and nauseous..."

As she spoke, Bonnie grunted and covered her mouth.

Her performance also attracted the attention of Jenny Boot:

"Bonnie, if you're not feeling well, go to the bedroom in the cabin and rest for a while. We'll be back soon, and I'll ask the doctor to come and take a look."

"Just a little bit seasick..."

Despite saying this, Barron still insisted on taking her back to the cabin.

By now, their harvest was quite rich, so after Bonnie felt a little unwell, they started their return journey by boat.

By the time they returned to the manor, Jenny had called their private doctor to see Bonnie. After returning to the manor, she went into the bedroom to rest.

It turned out that the problem was not serious. According to the doctor, she just felt a little dizzy and nauseous, accompanied by diarrhea. It was most likely a mild gastroenteritis, which would heal quickly after taking some medicine.

Barron then understood a little. According to Huaxia, Bonnie was having trouble acclimatizing. It was her first time in America. For people with sensitive constitutions, the climate, food, and environmental factors would affect the bacteria in the body, leading to this situation.

Since that was the case, he felt relieved. After Bonnie took her medicine, he let her lie down and rest.

"How is it? Do you need to go to the hospital?"

After seeing Bonnie close her eyes and prepare to rest, Barron and Chris walked out of her bedroom and ran into Jenny Butt, who asked with concern.

"It's not a big problem. She's just not used to the living habits in America yet. She just needs to rest for a day."

"Oh, poor Bonnie. I was planning to ask you guys to go to Avalon Hollywood in Los Angeles tonight. It's a nightclub that just opened this year. I've been there once and it was great."

This is the life of wealthy Americans. When they want, they can take their own private jet and fly from the East Coast to the West Coast just to go to a nightclub.

But because of Bonnie, this plan had to be put on hold.

After all, we can't just leave her here alone and go to Los Angeles to have some fun.

"Mrs. Booth and Miss Jenny, you can go first. I will stay with Bonnie."

Seeing the look of pity in Chris's eyes, Barron spoke up.

"Forget it, we will still be here for a few days, there will always be a chance."

…

"In fact, Your Highness, I have an idea, that is to let Sinclair Group reach a closer cooperation with your Standard Entertainment Group, so that we can fully support your broadcast content in the TV channel business. Sinclair Group has extremely rich experience in TV station operation and can become the most ideal partner of SEM Group."

It was a little chilly in the garden at night. Barron, wearing a windbreaker, visited the garden under the guidance of John Smith.

It is obvious that everything in this manor has been carefully designed and maintained, and it is not inferior to the back garden of Chatsworth.

When the two talked about SDTV's cooperation with Sinclair Group, John Smith took the initiative to put forward his new ideas.

"What do you mean?"

"If possible, Sinclair Group can invest in SEM Group. Of course, if it is a stock exchange, we are also willing to issue additional shares in exchange for SEM Group's shares..."

John Smith's words made Barron think.

Firstly, SEM Group includes Summit Media and Independent Newspapers. Given their current situation, I am afraid that the valuation given by Sinclair Group will not be too high.

Although the Sinclair Group currently operates a large number of television stations, its market value will not bring much return if it is just an investment.

Currently, the total market value of Sinclair Group is around US$2 billion, and ten years later, when its market value was relatively high, it was only US$2.5 billion. Even though they later spent tens of billions of dollars to acquire many local TV stations, most of the funds were obtained through financing, and their own debts were extremely high.

Barron believed that he could run the SEM Group into one of the giants in the British media industry. However, from the perspective of the Sinclair Group, the SEM Group at that time was still very immature, and they were probably making this investment more from the perspective of "venture capital."

In this way, the other party's proposal can be said to have both advantages and disadvantages for Barron.

The advantage is that SEM Group can obtain more resource support from Sinclair Group, which will help them develop SDTV as quickly as possible.

But the disadvantages are equally obvious. In this investment, the Sinclair Group will gain huge benefits, and if it exchanges shares with it, Barron will definitely not get much benefit in financial terms. The only thing is to increase his influence in the Sinclair Group - but that also requires him to hold more than 5% of the other party's shares to have any influence.

"I need to remind you that our SEM Group holds a 60% stake in Digital UK and according to the agreement, it needs to invest no less than £300 million in it over five years to promote terrestrial digital television..."

John Smith was somewhat surprised when he heard Barron's words:

"How is SEM Group going to come up with this capital? Is it going to borrow from a bank?"

"So this requires additional capital injection from me, because according to the revenue of SEM Group, it is still difficult to come up with this money on my own."

Barron's implication is obvious, that is, if Sinclair Group wants to invest in SEM Group and become its shareholder, then they will also need to assume the responsibility for the investment of 300 million pounds of funds for Digital UK...